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    7 Dravus St Seattle, WA 98109

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    For Sale
    $2,998,000

    16 furnished units near Seattle Pacific University. Short-term rental potential.

    Property size:
    5,600 SF

    Property Features for 7 Dravus St

    General Information

    Size
    5,600 SF

    Building Details

    Year built
    1965

    Source: VIRGIL ADAMS REAL ESTATE, INC. Agent DAN SWANSON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Seattle Multifamily Investment Opportunity

    Located in Seattle’s North Queen Anne neighborhood, Dravus Court is near Seattle Pacific University and within walking distance of Fremont’s core. It also provides an easy commute to South Lake Union and Downtown Seattle. The property consists of 16 fully furnished one-bedroom apartments situated in two adjacent buildings on 10,800 square feet of LR3 zoned land. Currently, Dravus Court operates as a short-term-stay property, primarily catering to traveling nurses and corporate transferees. Units can be rented for terms as short as one month with flexible lease end dates. The 5,600 square foot asset presents an opportunity to continue and improve upon this operation strategy, or transition the property to traditional rentals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short Term Suites Executive Suite Rental Agency

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3581145
    Latitude
    47.6484489

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    FAQs

    What type of property is this?
    Apartment building - 16 furnished units near Seattle Pacific University. Short-term rental potential.
    Where is this apartment building located?
    The property is located at 7 Dravus St Seattle, WA.
    What is the asking price?
    The asking price for this property is $2,998,000.
    What are key features of this property?
    This property features: - Prime location in desirable North Queen Anne, Seattle.; - Walking distance to Fremont and close to Seattle Pacific University.; - Easy commute to South Lake Union and Downtown Seattle.
    Request Owner's contact information
    7 Dravus St Seattle, WA 98109
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    Seattle, WA 98109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 Dravus St Seattle, WA 98109
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